Asian Stocks Expected to Decline as Bitcoin Surges Past $87,000

Reported 14 days ago

Stocks in Asia are likely to drop following a strong performance in U.S. markets led by bullish sentiment surrounding President-elect Donald Trump. The S&P 500 saw a slight increase, while Bitcoin surpassed $87,000, demonstrating continued interest in cryptocurrencies. Economically sensitive shares outperformed with small-cap stocks rising as investors anticipate benefits from Trump's agenda. While optimism grows, concerns remain about inflation data and its potential impact on market dynamics.

Source: YAHOO

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